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Enjoy a guaranteed return

With an RACQ Bank Term Deposit, you choose a term and interest rate that suits you, meaning you’ll be able to work out with confidence what your returns will be at the end of the term. You also have the option to be paid interest monthly, so you can manage your budget. Plus, if you don’t already have one, you’ll receive an RACQ Bank Everyday Account to help move your money around. So take control, and take out a Term Deposit today.

More about banking with RACQ

Banking products are issued by Members Banking Group Limited ABN 83 087 651 054 AFSL and Australian credit licence 241195 trading as RACQ Bank. This information does not take your personal objectives, circumstances or needs into account. Read the disclosure documents for your selected product or service, including the Financial Services Guide and the Terms and Conditions, before deciding.

Except for RACQ Bank, any RACQ entity referred to on this page is not an authorised deposit-taking institution for the purposes of the Banking Act 1959 (Cth). That entity’s obligations do not represent deposits or other liabilities of RACQ Bank. RACQ Bank does not guarantee or otherwise provide assurance in respect of the obligations of that entity, unless noted otherwise.

The results from the Savings and Term Deposit calculator should be used as an indication only and may not correlate to the exact calculations used by RACQ Bank deposit products. Results are based on information you have provided and do not take your personal circumstances into account. This calculator is not intended to be your sole source of information when making a financial decision. You may wish to consider obtaining advice form a suitably qualified financial professional.

The results from the Budget Planner calculator should be used as an indication only. Figures provided are for illustrative purposes only and are based on the information provided.